Log-hub

NOVEMBER 22, 2023

7 min read Maximizing Warehouse Efficiency: Unleashing the Potential of ABCD Analysis In the dynamic world of supply chain management, optimizing warehouse operations has become an indispensable factor for businesses. One of the most powerful tools employed in this endeavor is the ABCD Analysis.

Inventory Reduction 40

Inventory Reduction Analysis Material Savings Waste Reduction 40

The Logistics of Logistics

DECEMBER 29, 2020

Since 2011 carriers, 3PLs, shippers, and logistics technology vendors have looked to CarrierDirect to deliver the efficiency, strategy, go-to-market plans, and technology that will elevate their business above their competition. can be created to serve as a sandbox for scenario analysis. CarrierDirect clients include Werner, J.B.

Supply Chain Planning Software 196

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Sourcing Strategies 196

Logistics Problem Solving

AUGUST 4, 2017

What do you do if your logistics strategy is just not working? While there are ways to reverse course after a faulty strategy is deployed, you must first admit it was faulty. Testing is not only a good idea, it is crucial to developing a logistics strategy. This never happens. It’s the key to avoiding unintended consequences.

Expense Reduction 59

Expense Reduction Cost Reduction Price Reduction Strategy 59

Logistics Problem Solving

AUGUST 4, 2017

What do you do if your logistics strategy is just not working? While there are ways to reverse course after a faulty strategy is deployed, you must first admit it was faulty. Testing is not only a good idea, it is crucial to developing a logistics strategy. This never happens. It’s the key to avoiding unintended consequences.

Expense Reduction 48

Expense Reduction Cost Reduction Price Reduction Strategy 48

3PL Links

APRIL 5, 2024

When implemented properly, this strategy improves customer satisfaction, lowers expenses, and strengthens the company’s position in the market. It goes beyond simply being an operational strategy. This is one of the logistics strategies that needs to be reinforced the most going forward.

Supply Chain Planning Software 48

Supply Chain Planning Software Supply Chain Software Optimal Sourcing Sourcing Strategies 48

Locus

JUNE 16, 2023

A recent analysis by the American Trucking Associations (ATA) indicates that if existing trends persist, we could see a potential driver shortage reaching up to 175,000 by 2024. Just one hour of idling per day over a year equals 64,000 miles of engine wear , resulting in additional annual maintenance expenses of up to $9,472 per truck.

Cost Reduction 98

Cost Reduction Expense Reduction Inventory Reduction Price Reduction 98

The Logistics of Logistics

FEBRUARY 12, 2021

Freight damage is not only expensive and upsetting to customers, but it is also ridiculously hard to figure out where, when, and how it occurred. Ilya was formerly a strategy and operations management consultant within the Big 4 with both PwC and KPMG, advising Fortune 1000 clients across healthcare, technology, and private equity verticals.

Expense Reduction 195

Expense Reduction Freight Supply Chain Software Modeling Software 195

FreightWaves SONAR

MARCH 2, 2021

From a financial standpoint, transportation cost analysis remains focused on determining the value of the resources used to execute a given shipment and goes well beyond benchmarking. Without clear budgeting and cost-prediction measures, the transportation network will be unable to accurately plan for increases and decreases in expenses.

Analysis 98

Analysis Price Reduction Cost Reduction Supply Chain Planning Software 98

3PL Links

FEBRUARY 11, 2024

Read also: How to Protect Supply Chain from Cyber Attacks Understanding Reverse Packaging Logistics Reverse packaging logistics is a crucial part of environmentally conscious waste management since it maximizes the life cycle of packaging materials while reducing its negative effects on the environment.

Sourcing Strategies 48

Sourcing Strategies Waste Reduction Resource Reduction Expense Reduction 48

MTS Logistics

FEBRUARY 21, 2024

Non-compliance or high customs fees may negate efforts invested in customer satisfaction and cost reduction, potentially harming the company’s interests. Poor infrastructure in a country may result in increased expenses and reduced profits, underscoring the need for meticulous logistics control to enhance customer satisfaction.

Expense Reduction 80

Expense Reduction Resource Reduction Cost Reduction Transportation 80

3PL Links

APRIL 13, 2023

Lean Logistics analyzes and removes non-value-added operations in order to enhance the flow of commodities and save expenses. The goals of lean logistics include waste elimination and quality enhancement. Lean manufacturing refers to eliminating waste in the production process, such as by speeding up deliveries and throughput.

Waste Reduction 62

Waste Reduction Inventory Reduction Expense Reduction Resource Reduction 62

Logistics Bureau

APRIL 3, 2023

If you’re a decision-maker with accountability for your organisation’s entire supply chain, and you’re just starting to think about outsourcing, perhaps to reduce costs or improve service, this post should prove well worth the few minutes it will take you to read it. What Can You Outsource, and What Should You Outsource?

Outsourcing 87

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 87

MTS Logistics

APRIL 15, 2022

Although we had seen many bad examples of the piling up strategy, due to lack of direction, these two ports are also now congested. It is not always so easy to predict which port is going to be congested next, but diversifying the cargo origin and keeping cargo close to several ports is an expensive but safe choice.

Analysis 84

Analysis Cargo Expense Reduction Supply Chains 84

Automotive Logistics

FEBRUARY 8, 2019

Transformation strategy. To do that CHEP launched its ‘Be a Transformer’ strategy in June 2018 and Gilder says the company has made significant progress. “As We knew we had to change the culture first before we could implement any kind of strategy,” says Gilder. “We The strategy has already had tangible results.

Cost Reduction 28

Cost Reduction Waste Reduction Expense Reduction Inventory Reduction 28

Logistics Viewpoints

JUNE 8, 2023

We’ll explore a few general solutions offered by leading technology platforms that retailers and logistics providers alike should consider: Carrier Allocation: Optimize cost and reduce risk by expanding partnerships with carriers and delivery service providers, improving capacity and flexibility.

Modeling Software 122

Modeling Software Optimization Software Supply Chain Design Software Logistics Network Optimization Software 122

Log-hub

NOVEMBER 6, 2023

Maintaining optimal stock is not just about inventory management; it’s a strategic imperative that impacts customer satisfaction, streamlines order fulfillment processes, reduces lead times, and improves order cycle times, thus enhancing overall efficiency of the entire supply chain.

Optimization Software 52

Optimization Software Inventory Reduction Optimization Cost Reduction 52

FreightWaves SONAR

JULY 24, 2023

The costs of logistics as a ratio of total expenses are too significant to ignore. Knowing freight costs in advance is essential to keep total landed costs in check Understanding transportation freight costs and current freight rates for lanes must be the primary goals of cost analysis. Think about this.

Cost Reduction 105

Cost Reduction Tips Expense Reduction Supply Chain Planning Software 105

Dedola Global Logistics

NOVEMBER 22, 2023

Rising Costs: Expect higher expenses due to demurrage charges, inflated freight rates, and rerouting fees. Cost-Benefit Analysis: Conduct trial shipments well before the strike to assess potential savings or costs when switching from East to West Coast ports.

Supply Chain Planning Software 93

Supply Chain Planning Software Supply Chain Software Inventory Reduction Cost Reduction 93

ShipLilly

FEBRUARY 12, 2021

The average spot rates and contract rates are continuing to rise according to Alan Murphy of Sea-Intelligence Maritime Analysis. Lars Jensen of SeaIntelligence Consulting is one of the industry experts raising the alarm on a tightening and ultimately expensive market. The statistics are startling. Contract Extensions. Wrapping Up.

Analysis 105

Analysis Manufacturing Procurement Purchasing Skills Price Reduction 105

Dedola Global Logistics

JANUARY 14, 2023

Transloading can also minimize the risk of cargo damage, provide transportation flexibility, and reduce the time a shipment spends in transit. Case Studies: DGL’s Successful Transloading Strategies for Clients in Various Industries. We conducted a cost analysis of truck vs. rail shipping from Long Beach to Chicago.

Examples 95

Examples Cost Reduction Expense Reduction Inventory Reduction 95

3PL Links

FEBRUARY 14, 2024

Effective logistics planning is becoming more than simply a strategy; in 2024, it will be essential to a company’s success. Additionally, logistics planning’s flexibility enables businesses to modify their plans quickly, reducing risks and optimizing rewards.

Supply Chain Planning Software 48

Supply Chain Planning Software Scenario Planning Optimal Sourcing Sourcing Strategies 48

Logistics Viewpoints

DECEMBER 11, 2023

They also tend to be less expensive than the global consulting firms. enVista is system agnostic and assists its customers from WMS strategy and assessment, evaluation and selection, to system implementation, through to post implementation support. They also have a rigorous approach to integrated business planning consulting.

Supply Chain Design Software 146

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 146

Logistics at MPEPS at UPV

MARCH 8, 2022

According to energy industry analysts, it is highly unlikely that Russia will completely cut off gas supplies to Europe. such purchases would be more expensive. Completely replacing Russian gas is not only very expensive, but perhaps impossible to achieve. Russian television (RT) reported on March 3.

Expense Reduction 52

Expense Reduction Supply Chains Cost Reduction Procurement Analytics 52

The Logistics of Logistics

NOVEMBER 4, 2019

Logistics companies that I talk to want to move to lead generation before they nail the strategy. It’s really all about the strategy. It’s viewed as an expense, not an investment. If you have the right CRM, you can do a pretty good analysis of what percentage of business is emanating from marketing.

Expense Reduction 172

Expense Reduction Strategy Analysis Logistics 172

Logistics Business Magazine

NOVEMBER 23, 2023

With reduced carbon emissions, financial savings, increased sustainability credentials, improved productivity, enhanced employee experience – the benefits of transitioning to an electric fleet are undeniable. However, it’s important to think of EVs in terms of total cost of ownership, instead of initial investment costs.

Presentation 56

Presentation Cost Reduction Expense Reduction Resource Reduction 56

FreightWaves SONAR

MARCH 4, 2021

With surges in fuel costs and new fees, taxes and expenses levied on every load, budgeting needs only continue to increase. Cost reduction strategies in supply chain management remain focused on getting loads from point A to point B as fast and as affordable as possible.

Price Reduction 97

Price Reduction Cost Reduction Expense Reduction Waste Reduction 97

Logistics Bureau

JANUARY 7, 2020

Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. In other words, the majority did not recognise the need for close alignment between supply chain and general business strategies.

Supply Chain Design Software 122

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 122

MTS Logistics

JUNE 26, 2023

When inflation is high, production costs tend to increase, including labor, raw materials, and energy expenses. High inflation erodes the purchasing power of consumers, both domestically and abroad, which can lead to reduced demand for exports. Inflation also influences exchange rates, which in turn affects export competitiveness.

Expense Reduction 79

Expense Reduction Price Reduction Purchasing Skills Material Savings 79

Logistics Bureau

JANUARY 9, 2019

Supply chain strategy is critical to business success, but companies often underestimate its importance and hence pay it less leadership attention than other areas of operation. Supply Chain Strategy. In other words, the majority did not recognise the need for close alignment between supply chain and general business strategies.

Supply Chain Design Software 118

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 118

GlobalTranz

MARCH 24, 2015

Carriers in the trucking industry and also shippers today are actively looking for ways to combat the rising costs of operating their businesses, but they often do not fully understand proper benchmarking, transportation cost analysis, and profit management are intertwined. Maintenance repair was the next most expensive line item expense.

Purchasing Skills 94

Purchasing Skills Cost Reduction Analysis Procurement Analytics 94

EazyStock

APRIL 18, 2023

While they did show signs of reducing, a recent surge has seen levels remain high. When demand fluctuates, and costs rise, it can be tempting to throw out long-term strategies to react to these changes. More expensive borrowing. Supply chain infrastructure investment reduces. In 2022, inflation rates peaked at 9.1%

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Inventory Reduction Optimal Sourcing 52

Dedola Global Logistics

JANUARY 14, 2023

Transloading can also minimize the risk of cargo damage, provide transportation flexibility, and reduce the time a shipment spends in transit. We conducted a cost analysis of truck vs. rail shipping from Long Beach to Chicago. This could have had a significant impact on their profits.

Examples 52

Examples Cost Reduction Expense Reduction Inventory Reduction 52

EazyStock

JANUARY 31, 2022

Inventory Management KPIs for Effective Inventory Analysis. But with a wealth of inventory KPIs available to choose from to include in your inventory analysis methods, which ones are the most important to ensure you’re on the right track to optimum efficiency? Managing inventory is a complex business. Inventory turnover ratio.

Inventory Reduction 52

Inventory Reduction Inventory Analysis Optimization Software 52

Stord

JANUARY 22, 2018

The move to re-evaluate your distribution network may be driven by the need to reduce costs, or perhaps you are launching a new business strategy. The discussion begins with a cost-benefit analysis of the tradeoffs between an optimal network to control operating expense and an ideal customer service level, or turnaround time.

Network Optimization Software 78

Network Optimization Software Distribution Optimization Networks 78

Locus

APRIL 3, 2023

An effective logistics solution is critical for optimizing supply chain efficiency, reducing costs, improving customer satisfaction, and supporting sustainability goals. Logistics management is an essential part of supply chain management and is crucial in achieving operational efficiency, reducing costs, and boosting customer satisfaction.

Optimal Sourcing 52

Optimal Sourcing Supply Chain Planning Software Optimization Software Supply Chain Software 52

Logistics Viewpoints

DECEMBER 12, 2023

Companies annually spend about $325 billion on warehousing — and 85% of that cost goes to operating expenses that include labor, space and equipment. The typical benefits of a WES include an 80% reduction in administrative costs, a 12% increase in units-per-hour, and a 15% improvement in throughput. billion in 2022 to $3.12

Supply Chain Planning Software 168

Supply Chain Planning Software Supply Chain Design Software Optimization Software Resource Reduction 168

Logistics Viewpoints

FEBRUARY 20, 2024

That strategy can lead to thousands of scenarios, and still no number of scenarios will answer all questions. Another strategy is to dedicate resources and build the best algorithm for demand forecasting. While this sourcing strategy is the most cost-effective one, the business might not want to operate like that.

Supply Chain Design Software 136

Supply Chain Design Software Sourcing Strategies Supply Chain Design Inventory Reduction 136